Phinney Ridge Homes with 55 - 5-9 Units Style

Welcome to Phinney Ridge, a delightful neighborhood nestled in the heart of Seattle, Washington. Known for its stunning views of the iconic Mount Rainier and the shimmering waters of Puget Sound, Phinney Ridge offers a unique blend of suburban tranquility and urban accessibility. This vibrant community is characterized by its charming tree-lined streets, a rich tapestry of local shops, and an array of dining options that cater to every palate.

One of the standout features of Phinney Ridge is its diverse architectural landscape, particularly the collection of homes with 5-9 units that embody a true sense of community living. These multi-family residences are designed to foster connections among neighbors while providing the comfort and privacy that families and individuals seek. With modern amenities and inviting layouts, these homes are perfect for anyone looking to enjoy the best of both worlds—community engagement and personal space.

Families will appreciate the proximity to excellent schools and parks, including the popular Woodland Park Zoo and the expansive Green Lake Park, perfect for weekend adventures and leisurely strolls. The neighborhood is also well-serviced by public transportation, making commutes to downtown Seattle a breeze.

Phinney Ridge is not just a place to live; it’s a lifestyle. Whether you’re a young professional, a growing family, or looking to downsize, this neighborhood offers an inviting atmosphere filled with friendly faces and a strong sense of belonging. Discover your new home in Phinney Ridge, where community and comfort come together seamlessly.

Newest Phinney Ridge Homes with 55 - 5-9 Units Style

$1,975,000

2520299 MLS ⋅ ACTIVE Status

We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

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